Zip 72916 (Fort Smith, AR) Housing

In Fort Smith, AR (zip code 72916), the median value of a house is $284,100. This is significantly lower than the national median value of $338,100. However, in the past year there has been an impressive 13.61% appreciation rate for housing in Fort Smith compared to only 8.27% nationally. This indicates that although home values are lower than the national average, they are increasing at a much higher rate than elsewhere in the country and provide great potential for investment opportunities and future growth for residents of Fort Smith.

The median home cost in Fort Smith (zip 72916) is $284,100. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Fort Smith (zip 72916) is up 18.5%.

Average Age of Homes

- The median age of Fort Smith (zip 72916) real estate is 17 years old

The Rental Market in Fort Smith (zip 72916)

- Renters make up 14.8% of the Fort Smith (zip 72916) population
- 1.1% of houses and apartments in Fort Smith (zip 72916), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fort Smith, Arkansas	United States
	4,636.0	139,647,020.0
	18	42
	$284,100	$338,100
	18.5%	16.6%
	56.0%	57.0%
	65.3%	101.1%
	$7.17	$10.98
	$1,607	$2,690
	64.9%	57.4%
	7.4%	11.2%
	27.7%	31.4%
Vacant Housing
	1.1%	1.9%
	1.0%	0.4%
	1.6%	0.7%
	2.4%	0.4%
	0.0%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	3.1%	2.4%
	3.3%	2.8%
	1.3%	3.9%
	7.4%	4.5%
	5.9%	11.3%
	21.3%	13.0%
	27.8%	20.1%
	15.6%	13.6%
	3.4%	8.3%
	3.3%	9.7%
	5.3%	3.9%
	0.4%	2.2%
	0.4%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	33.8%	13.6%
	33.8%	13.6%
	16.6%	13.6%
	8.7%	13.2%
	9.3%	14.8%
	16.6%	13.6%
	1.0%	10.0%
	0.3%	4.7%
	2.1%	12.2%

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